Thread: Oil Slick Stuff

Energy fuels new 'Great Game' in Europe

The giant Russian energy company, Gazprom, which controls the world's largest reserves of natural gas, has issued a stark warning to the European Union saying it must decide if it wants to continue receiving supplies of Russian gas.
Speaking in a BBC interview, Gazprom deputy chairman Alexander Medvedev warned that Europe was now at a crossroads.
http://news.bbc.co.uk/2/hi/europe/8090104.stm

The Russians have gas, maybe it's all the potatoes?

Oil heads above $69

Crude prices rally on signs of a recovery, weak dollar. Supply report expected to show a build in inventories, keeping a cap on gains.

By Catherine Clifford, CNNMoney.com staff writer
Last Updated: June 9, 2009: 10:44 AM ET


Click on the chart to see other commodity prices.
Click on the chart to see other currency prices.

NEW YORK (CNNMoney.com) -- Oil prices passed $69 Tuesday as the dollar fell and expectations grew that the economy is headed for recovery.
But even as the oil market hoped demand would continue to rebound with the economy, analysts forecast the second straight weekly build in crude stockpiles.
http://money.cnn.com/2009/06/09/mark...ion=2009060910

It's kinda like pooring water on the fire!!

$70 oil menaces budding recovery

As oil prices rise, some say already weak consumer spending is in danger of taking an even harder hit.

By Steve Hargreaves, CNNMoney.com staff writer

June 9, 2009: 1:31 PM ET

NEW YORK (CNNMoney.com) -- Two weeks change a lot in the oil markets.
At the end of May CNNMoney.com ran a story asking if $60 oil will kill any economic recovery. 'No," most analysts said - consumers could shoulder $60 crude, and analysts didn't see prices going much higher.
Now oil is touching $70 a barrel. Goldman Sachs recently said it sees crude at $85 by the year's end. With the economy still on life support, oil is drifting dangerously close to being the wet blanket at the recovery's party.
http://money.cnn.com/2009/06/09/news...ion=2009060913

Go electric or peanut oil and you will never go back to gasoline. hehe


http://delicious.com/wwwtractor/ElectriCar

http://delicious.com/wwwtractor/biodiesel

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Originally Posted by wwwtractor

Go electric or peanut oil and you will never go back to gasoline. hehe

Oh! I thought water put fires out.

http://delicious.com/wwwtractor/ElectriCar

http://delicious.com/wwwtractor/biodiesel

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Hey Tractor do you own a Biodiesel or Electric Car? I don't, but love the smell of French Fries cooking!! smoking_baby.gif

I am halfway there. I have the Honda Insight CVT 2001 with which I once got 71 MPG for over 100 miles on relatively flat road back and forth to work.

http://delicious.com/wwwtractor/insight

I would love to have the Aptera or Aptera type of car one day. I wish they had gone with wheel motors. I do not like belt drives.

http://www.tsptalk.com/mb/album.php?u=4280

Picture of Honda Insight dash.

Originally Posted by wwwtractor

http://www.tsptalk.com/mb/album.php?u=4280

Picture of Honda Insight dash.

Sounds like a great little car, might get one similar after I retire to replace my pickup. Best I can get now is average 24 mpg on a 800 mile trip, that's not so bad for a 2004 4Runner V6!!

There you go Folks, over $70 a barrel today. There sneaking up on us every day, a little at a time!! It's starting to hurt more and more every day!
DIRTYFRACKENRACKENFLUBBERSTIFFNERS!!!!

Originally Posted by nnuut

There you go Folks, over $70 a barrel today. There sneaking up on us every day, a little at a time!! It's starting to hurt more and more every day!
DIRTYFRACKENRACKENFLUBBERSTIFFNERS!!!!

especially if you drive a ole heap like me about 8 gal, per mile give er take a 1/4 mile

Originally Posted by kar crazy

especially if you drive a ole heap like me about 8 gal, per mile give er take a 1/4 mile

YABBERGAFFENGASENHOGEN!!! Engine_2.gif